The new international accounting standard is aimed at more consistent reporting that’s better aligned with how businesses are ...

In April 2004, FASB and the International Accounting Standards Board (IASB) created a joint project on financial statement presentation. The project is part of the memorandum of understanding between ...

A business transaction, such as obtaining financing, often requires companies to provide financial statements that have been evaluated by an outside independent party. Accountants are outside parties ...

QuickBooks Pro allows you to generate financial statements from your business records without you having to do any manual calculations. You can adjust report columns and contents to show only the ...

Navigating the path to becoming a publicly traded company is a significant milestone for any organization. As a micro-cap IPO advisor and investor, I’ve witnessed how the success of this transition ...

Financial reporting has undergone significant changes in recent years. The IASB (International Accounting Standards Board) has introduced several new financial reporting standards in the past five ...

Adam Hayes, Ph.D., CFA, is a financial writer with 15+ years Wall Street experience as a derivatives trader. Besides his extensive derivative trading expertise, Adam is an expert in economics and ...

The Private Company Financial Reporting Committee has given the Financial Accounting Standards Board feedback on its financial statement presentation project, including worries about newly onerous ...

Abu Dhabi, UAE:– The Ministry of Finance organized a training workshop in Abu Dhabi under the theme ‘Financial Statements Preparation’. The course, which is part of the ministry’s plan to enhance the ...

Jason Fernando is a professional investor and writer who enjoys tackling and communicating complex business and financial problems. David Kindness is a Certified Public Accountant (CPA) and an expert ...